Turnover crosses Tk 4.0 billion-mark on DSE

The Dhaka bourse witnessed turnover above Tk 4.0 billion on Monday after ten sessions as investors' participation increased in some sectors including the general insurance.
On the day, the broad index experienced see-saw movement throughout the whole session as investors were active from both side of the trading fence.
The small cap companies witnessed moderate price appreciation while the performance of large cap companies was mixed on the Dhaka Stock Exchange (DSE).
Of the major sectors, bank witnessed price correction and the engineering, financial institutions and fuel & power played market supportive role.
The prime bourse opened the Monday's session with a positive note and the DSE broad index DSEX gained 19 points within first 15 minutes.
Later, the DSEX displayed ups and downs till closure and finally settled at 4722.01 with a marginal rise of 0.09 per cent or 4.62 points.
The shariah based index DSES advanced 0.09 per cent or 1.02 points to close at 1084.71.
The DS30 index comprising the blue chip securities went up by 0.59 per cent or 9.78 points to close at 1652.15.
Of total issues traded, 156 advanced, 135 declined and 50 remained unchanged on the premier bourse DSE.
Of the large cap companies, the share price of Grameenphone remained unchanged at Tk 310.50 each.
The share price of United Power Generation & Distribution Company rose 3.61 per cent to close at Tk 267.30 each.
On the other hand, the share price of British American Tobacco Bangladesh Company declined 0.22 per cent to close at Tk 1092.60 each.
At the end of the session, the turnover stood at above Tk 4.09 billion which was 12.65 per cent higher than the turnover of the previous session.
According to a market review of EBL Securities, investors exerted buying pressure on fuel & power, general insurance and pharmaceuticals & chemicals sectors.
"The bank, food & allied and cement sectors faced major liquidation," said the EBL Securities.
Of the sectors which witnessed price appreciation, engineering advanced 0.3 per cent, financial institutions 0.4 per cent, fuel & power 1.0 per cent, general insurance 1.9 per cent, pharmaceuticals & chemicals 0.2 per cent and textile 0.4 per cent.
Of the sectors which witnessed price correction, bank declined 0.2 per cent, food & allied 0.3 per cent, and services & real estates 1.0 per cent.
General insurance sector had the highest contribution in market turnover followed by engineering, pharmaceuticals & chemicals and bank.
National Tubes topped the scrip wise turnover chart with a value of Tk 174 million followed by Wata Chemicals Tk 138 million, Asia Insurance Tk 121 million, Sonar Bangla Insurance Tk 91 million and Dutch-Bangla Bank Tk 89 million.
Bangladesh Autocars became the number one gainer with a rise of 9.94 per cent to close at Tk 165.90 each.
Kohinoor Chemical was the worst loser after declining 15.45 per cent to close at Tk 364.30 each.
On the Chittagong Stock Exchange (CSE), the benchmark index CASPI declined 0.16 per cent or 23.31 points to close at 14325.19 points.
Of 237 issues traded, 96 advanced, 111 declined and 30 were unchanged.
And the port city bourse CSE featured a turnover of above Tk 228.72 million on Monday.

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